Plug Power - PLUG Stock Forecast, Price & News

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last twelve months. There are currently 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PLUG shares.
View PLUG analyst ratings or view top-rated stocks.

19 brokerages have issued twelve-month target prices for Plug Power's stock. Their PLUG share price forecasts range from $19.00 to $53.00. On average, they expect the company's stock price to reach $34.23 in the next twelve months. This suggests a possible upside of 55.3% from the stock's current price.
View analysts price targets for PLUG or view top-rated stocks among Wall Street analysts.

Plug Power's stock was trading at $28.23 at the beginning of the year. Since then, PLUG shares have decreased by 21.9% and is now trading at $22.04.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our PLUG earnings forecast.

Plug Power Inc. (NASDAQ:PLUG) released its quarterly earnings data on Tuesday, August, 9th. The electronics maker reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.10. The electronics maker earned $151.30 million during the quarter, compared to analyst estimates of $162.31 million. Plug Power had a negative trailing twelve-month return on equity of 13.73% and a negative net margin of 105.26%. The business's quarterly revenue was up 21.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.18) earnings per share.

Plug Power updated its FY 2022 earnings guidance on Tuesday, September, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $900.00 million-$925.00 million, compared to the consensus revenue estimate of $908.73 million.

27 employees have rated Plug Power Chief Executive Officer Andy Marsh on Glassdoor.com. Andy Marsh has an approval rating of 52% among the company's employees. This puts Andy Marsh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Plug Power investors own include FuelCell Energy (FCEL), Advanced Micro Devices (AMD), Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Ballard Power Systems (BLDP), Micron Technology (MU), Block (SQ) and Nokia Oyj (NOK).

Plug Power trades on the NASDAQ under the ticker symbol "PLUG."

Plug Power's stock is owned by a variety of institutional and retail investors. Top institutional investors include Allianz Asset Management GmbH (3.71%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (2.32%), State Street Corp (2.28%), Legal & General Group Plc (0.72%), Citadel Advisors LLC (0.00%) and Northern Trust Corp (0.56%). Insiders that own company stock include Andrew Marsh, Fivet Capital Holding Ag, George C Mcnamee, Gerard L Conway Jr, Gregory Kenausis, Jonathan M Silver, Keith Schmid, Lucas P Schneider, Martin Daniel Hull, Maureen O Helmer, Paul B Middleton and Sanjay K Shrestha.
View institutional ownership trends.

Shares of PLUG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PLUG stock can currently be purchased for approximately $22.04.

Plug Power (NASDAQ:PLUG) has a market capitalization of $12.75 billion and generates $502.34 million in revenue each year. The electronics maker earns $-459,960,000.00 in net income (profit) each year or ($1.09) on an earnings per share basis.

The company employs 2,449 workers across the globe.

Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The official website for the company is www.plugpower.com. The electronics maker can be reached via phone at (518) 782-7700, via email at investors@plugpower.com, or via fax at 518-782-9060.